PeerBerry originators repay an additional €1.8m of war-affected loans
PeerBerry’s originators are repaying an additional €1.8m (1.5m) of war-affected loans today.
The European lending marketplace has been working to repay all loans impacted by the Russian invasion of Ukraine, since the conflict began in February 2022.
Read more: PeerBerry funds loans worth €65m in March
It said it has already repaid €42.65m or 85 per cent of the total war-affected obligations towards PeerBerry investors.
The platform reminded investors that two of its Ukraine-based loan originators – AutoMoney UA and Slon Credit UA – continue to hold long-term loans which are being repaid under the initial loan schedule. The last payments of these loans are being repaid with the accrued interest.
Read more: Last month, PeerBerry repaid another €1.8m in war-affected loans
PeerBerry has a dedicated FAQ section on the website about war-affected loans, but investors have been urged to contact the platform directly if they have any further questions about the loan repayments.
Investors can see the progress of repayments of war-affected loans (the total repaid amount, the amount of remaining war-affected obligations, and repayments by separate lenders or groups) on the platform’s statistics page.
The repayments of war-affected loans are made in the middle of each month.
Read more: PeerBerry war-affected loan repayments hit €34.8m